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08-Apr2019

Jeera futures trade higher on improving demand

Jeera futures traded higher on NCDEX due to improving demand from the bulk buyers for new season crop. However, higher availability in the physical market and expectation of improved crop prospects capped the uptrend.

The contract for April delivery was trading at Rs 16140.00, up by 1.25% or Rs 215.00 from its previous closing of Rs 15940.00. The open interest of the contract stood at 1299 lots.

The contract for May delivery was trading at Rs 16125.00, gain by 0.84% or Rs 150.00 from its previous closing of Rs 15990.00. The open interest of the contract stood at 5769 lots on NCDEX.


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